Combat Fraud & Meet Regulations to Protect Your Business & Customers
While the world of cryptocurrency and its regulation continues to evolve, you can count on our automated onboarding solutions to remain compliant, reduce fraud and ensure your customers are using your services as soon as possible.
Acuant’s Trusted Identity Platform makes Identity Verification easy and cost effective while providing an impressive customer experience, anywhere in the world.
One thing you can count on in the world of crypto compliance and regulation is how unpredictable it is. Anti-money laundering regulations are rapidly evolving and businesses dealing in crypto assets must be prepared to move swiftly, adopt new standards and protect their business from regulatory scrutiny; as crypto regulations change, so too do the checks necessary to remain compliant and profitable.
Acuant’s automated solutions can help currency exchanges and custodian wallet providers perform customer due diligence, identify high-risk customers, monitor transactions and remain AML compliant.
- Identity Fraud/Theft
- Evolving Regulations
- Money Laundering
- Data Privacy
- Secure Platforms
- Complicated & Costly Workflows
- False Negatives/Positives
- Optimize Workflows & Save Time by Eliminating Manual Data Entry Errors & Photocopies of IDs
- Instantly Prevent Fraud & Deter Criminal Transactions with ID Verification
- Save Time by Eliminating Manual Reviews
- Instantly Prevent Fraud & Deter Criminal Transactions
- Automate SAR Filing Processes
- Easily Meet Regulations: KYC, AML & GDPR
- Support Responsible Trading With Red Flag Alerts
NFTs & the Threat of Rising Fraud
The popularity of cryptocurrency continues to skyrocket. In an estimated 567% increase from the prior year, 2021 saw a $15.8 trillion total crypto transaction volume. NFTs also exploded that same year. Trading of NFTs increased by a significant 21,000% compared to the year before, reaching $17.6 billion in value.
Criminals are actively exploiting both crypto and NFTs for financial gain, whether it’s through crypto scams, phishing attacks or money laundering through digital wallets.
Fill out the form to access the eBook NFTs & the Threat of Rising Fraud to examine NFT exploitation by criminals and why a complete end-to-end identity platform with automated KYC is essential for NFT marketplaces.
Working with [Acuant] has enabled us to implement a game-changing process. In a matter of seconds, we perform the appropriate KYC check to verify name, date of birth and address. At the same time, we’re also able to perform additional AML checks such as PEPs & Sanctions. This is all done via one API which makes it a perfect partnership for me and my team."